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when you hear john boehner and mitch mcconnell say we recognize there needs to be new revenues in the deal, that's big. >> very briefly, dana, does grover norquist though still frighten some members of the house? >> oh, he frightens a whole lot of them. that's the thing. there's two-thirds, three-quarters, maybe more of that caucus are the conservative republicans, and jared is right. the problem isn't grover norquist per se. he's an entertaining, happy warrior. the problem is there are people who are following this. there's always going to be a guy like that. the problem is how much power he is. >> the thing about grover is he's going to march in front of the parade. what matters is whether he's going to have troops behind him and some of those troops are peeling off. >> let's hope so. jared and dana millback, thank you, gentlemen, so much. stay with us. much more ahead. oh no, not a migraine now. try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough
when you hear john boehner and mitch mcconnell say we recognize there needs to be new revenues in the deal, that's big. >> very briefly, dana, does grover norquist though still frighten some members of the house? >> oh, he frightens a whole lot of them. that's the thing. there's two-thirds, three-quarters, maybe more of that caucus are the conservative republicans, and jared is right. the problem isn't grover norquist per se. he's an entertaining, happy warrior. the problem is there...
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i hear they are in washington, mcconnell, boehner, you name it, paul ryan, democrats, pelosi, reid, they are working today. maybe it will take tomorrow and thursday off. but they know time is of the essence. they have to do this before the christmas holiday because you don't want people thinking their taxes are going to increase during the largest spending time of the year. now let's get to steve cohen which is fascinating. i mean clearly cohen is implicated in this case with this fund manager. now, has he been charged? no. here's the deal, the fund manager, worked for him, was a major fund manager at sac capital, one of their satellite divisions that dealt directly with cohen. i can't remember his name. liz: get the name right. >> help me out. get your producing team to get his name right. here's the thing, this guy says he's innocent. the real question is steve cohen. what is the future of steve cohen? and where is he? i can tell you in a major way cohen is being eyed by the federal investigators. he's been in the news a lot. we have a very interesting conversation, a deposition he gav
i hear they are in washington, mcconnell, boehner, you name it, paul ryan, democrats, pelosi, reid, they are working today. maybe it will take tomorrow and thursday off. but they know time is of the essence. they have to do this before the christmas holiday because you don't want people thinking their taxes are going to increase during the largest spending time of the year. now let's get to steve cohen which is fascinating. i mean clearly cohen is implicated in this case with this fund manager....
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see is a promise from the white house regarding entitlements and some sort of promise from speaker boehner about the top tax rate. we don't know how quickly they can get anywhere. >> thank you, luke. i want to bring in senator bernie sanders of vermont, an independent who caucuses with the democrats and he serves on the senate budget committee in congress, joint economic committee. you wrote an op-ed piece in politico saying that we must not balance the budget on the backs of the elderly, the children, the sick and the poor. but you say sadly enough that's the approach virtually all republicans and certain democrats will be advocating. how is that? >> and you just heard your media pundit tell you the same thing. look, in america today you have the most uneven distribution of wealth and income of any major country on earth. you have the top 1% owning 42% of the wealth. the bottom 60% own 2.3% of the wealth. so first question is who should bear the burden? of austerity. do you really go after medicare, medicaid, social security, nutrition programs? do you really want to throw kids off of med
see is a promise from the white house regarding entitlements and some sort of promise from speaker boehner about the top tax rate. we don't know how quickly they can get anywhere. >> thank you, luke. i want to bring in senator bernie sanders of vermont, an independent who caucuses with the democrats and he serves on the senate budget committee in congress, joint economic committee. you wrote an op-ed piece in politico saying that we must not balance the budget on the backs of the elderly,...
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i also think we'll get tax reform and that's what speaker boehner's talking. that is scaling back the deductions and credits in the tax code for higher income households and that would generate revenue and the combination of two things would i think get us to a place where we need to go where we generate revenue. at the end of the day if we solve the fiscal problems long run we need not only more tax revenue we also need more spending cuts and fair share of that has to come from reforms of the medicare and social security system. so, we have to do all of the above i think that's what we're working towards. >> all right. mark zandi, thank youcjç very m. hope that we get that resolved before january. appreciate it. >>> gaza, of course, one of the most densely populated areas in the world. neighbor to israel and egypt. territory home to palestinians and hamas. the violence there could spread throughout the middle east. we'll take a closer look at gaza as well as the region. they've been committed to putting clients first. helping generations through tough times.
i also think we'll get tax reform and that's what speaker boehner's talking. that is scaling back the deductions and credits in the tax code for higher income households and that would generate revenue and the combination of two things would i think get us to a place where we need to go where we generate revenue. at the end of the day if we solve the fiscal problems long run we need not only more tax revenue we also need more spending cuts and fair share of that has to come from reforms of the...
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speaker boehner tapped paul ryan to help get his party in line ahead of deficit talks. where in the world is eric cantor? we will talk with luke russert and martin bashir about whether or not the gop can get its frogs in the wheel barrow. >> "new york times" national editor sam sifton says why you shouldn't think about serving salad or anything before the big meal. all of that when "now" starts in a mere 180 seconds. [ male announcer ] if you suffer from heartburn 2 or more days a week, why use temporary treatments when you can prevent the acid that's causing it with prevacid24hr. with one pill prevacid24hr works at the source to prevent the acid that causes frequent heartburn all day and all night. and with new prevacid24hr perks, you can earn rewards from dinner deals to music downloads for purchasing prevacid24hr. prevent acid all day and all night for 24 hours with prevacid24hr. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a tric
speaker boehner tapped paul ryan to help get his party in line ahead of deficit talks. where in the world is eric cantor? we will talk with luke russert and martin bashir about whether or not the gop can get its frogs in the wheel barrow. >> "new york times" national editor sam sifton says why you shouldn't think about serving salad or anything before the big meal. all of that when "now" starts in a mere 180 seconds. [ male announcer ] if you suffer from heartburn 2 or...
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house speaker boehner, corker, mccain and coburn have hint ed. >> i think those newly elected republicans are looking at the idea of pledges going into the congress and in serving as maybe a hindrance to governance. and you need to have everything considered on the table and i think the speaker's leadership in this regard will be very helpful to carving out that pathway that they're going to need, that he's going to need to strike a deal with the president. it doesn't mean that rates are going to go up but some level of taxes, whether it's through loophole closings are or whatever, the speaker considering he needs to have the leverage to have those things on the table and he can not have one arm tied hyped his back because of some pledge that was, you know, evoked by a member they ran ten years ago or certainly as we've seen new members saying, no, i think i want to govern and worry less about pledges. >> senator, grover norquist argues history would suggest otherwise, that history shows republ republicans have stood by no tax pledge, that this isn't the first time he's come to this rodeo
house speaker boehner, corker, mccain and coburn have hint ed. >> i think those newly elected republicans are looking at the idea of pledges going into the congress and in serving as maybe a hindrance to governance. and you need to have everything considered on the table and i think the speaker's leadership in this regard will be very helpful to carving out that pathway that they're going to need, that he's going to need to strike a deal with the president. it doesn't mean that rates are...
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how much will the two sides be able to give and i think though you see in john boehner and in president obama two people who are willing to work together if they can get the wings, the fringe wings of either side to kind of get onboard and come together. >> you know, one thing i would note just as it relates -- first of all, susan rice hasn't been nominated for secretary of state. that said, if she is, the house has absolutely no role. it would be like me and you either supporting or opposing. >> 100 house republicans can oppose her but they don't have a vote. john mccain lost to president obama. he's more of an armed services guy than he is a foreign policy diplomacy guy. he called for bill clinton to go in but then was critical of hillary clinton going in. you know, i think a lot of people will say his politics are more personal than pragmatic. >> yet she is the top diplomat in the country. >> right. >> i want to talk because i can't resist 2016. i can't help myself. it's an addiction. >> why? >> you sound like my wife. chris christie hugely focused in the run up to the election after
how much will the two sides be able to give and i think though you see in john boehner and in president obama two people who are willing to work together if they can get the wings, the fringe wings of either side to kind of get onboard and come together. >> you know, one thing i would note just as it relates -- first of all, susan rice hasn't been nominated for secretary of state. that said, if she is, the house has absolutely no role. it would be like me and you either supporting or...
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republicans, speaker boehner has stepped forward and offered a reasonable solution of raising revenue and entitlement reform as a way of preventing the fiscal cliff. and i think -- you know, we've heard the president now saying that he's willing to come down a little bit on the rates. so right now we're in this interesting dance where we're all talking about how we'd like to have a compromise and what we're for. but what's going to be interesting is when we get into the fine print, how that's going to fall away and how the partisan lines likely will start to harden. i think that's why the president will likely go on the campaign trial to try to jostle loose, you know, some republicans but also some members of his own caucus who aren't going to move either. >> we'll find out in the next couple weeks. maria, ron bon jean, thank you so much for the interesting conversation. >> thank you, carol. >>> health care and the boomer generation. so what are the top concerns? we've got the top five next. [ male announcer ] citi turns 200 this year. so why exactly should that be of any interest to
republicans, speaker boehner has stepped forward and offered a reasonable solution of raising revenue and entitlement reform as a way of preventing the fiscal cliff. and i think -- you know, we've heard the president now saying that he's willing to come down a little bit on the rates. so right now we're in this interesting dance where we're all talking about how we'd like to have a compromise and what we're for. but what's going to be interesting is when we get into the fine print, how that's...
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what john boehner did was very, very shrewd. he said to the government, you have been silent on this. we are waiting for your recommendations. you want to make spending cuts? you are open to revenue abduction eliminations, you tell us, mr. president, what you would like. bill: boehner says they were close to doing it last time and the president lost his nerve. but both men are facing the possibility of crossing the threshold of history if they lock arms. >> there is so much uncertainty for businesses and individuals. the "wall street journal" had a report out yesterday saying there is so much uncertainty we could slip into another recession over this fiscal cliff. let's hope they can do their jobs for once. bill: you go find beckel, will you? >> it's not my turn to baby sit. we'll find him by 5:00. bill: it takes four you to baby sit him. to our viewers, have you got a question in e-mail us or on twitter @bill hemmer. this is coming up. we have dozens of house republicans formally opposing susan rice's nomination as secretary of
what john boehner did was very, very shrewd. he said to the government, you have been silent on this. we are waiting for your recommendations. you want to make spending cuts? you are open to revenue abduction eliminations, you tell us, mr. president, what you would like. bill: boehner says they were close to doing it last time and the president lost his nerve. but both men are facing the possibility of crossing the threshold of history if they lock arms. >> there is so much uncertainty...
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i think john boehner has been the biggest in this, putting revenue on the table. i do agree with doug and i think that we will get some last-minute deal where we will kick the can down the road. if we go to the fiscal cliff, my party will shoulder the blame. trust me, my party is losing the message game and that is why we are having a bargain right now. >> there is a larger point. bottom line, if we go into some kind of economic downturn or a recession, all sides and all parties. >> i do agree with you. when the finger-pointing goes down, my party is the one to blame. right now we are trying to put humpty dumpty back together. gerri: to that point, and to both of you, what does the republican party need to do? to change the way it is viewed, we need to do? >> we can't continue to be the party of old white men. we have to work and take control of immigration reform and we have to change our message. we have to stop the fire and brimstone. if you don't vote for us, you are a lazy mood or read it. we feel your pain, we are here with you, stick with us and in the futu
i think john boehner has been the biggest in this, putting revenue on the table. i do agree with doug and i think that we will get some last-minute deal where we will kick the can down the road. if we go to the fiscal cliff, my party will shoulder the blame. trust me, my party is losing the message game and that is why we are having a bargain right now. >> there is a larger point. bottom line, if we go into some kind of economic downturn or a recession, all sides and all parties. >>...
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. >>> coming up, speaker boehner has a great new idea. a new way to make compromise in this tax fight. he's tapping paul ryan to take a big new role. it makes perfect sense. >>> also, your john mccain hypocrisy alert is coming. he wants an apology from susan rice. is he kidding? we're still waiting on yours. >>> plus, here comes their worst night mare. we'll tell you what senate republicans are secretly saying behind closed doors about elizabeth warren coming to washington. not exactly planning a welcome party. >>> and how about this picture all over the internet? we'll explain what it's all about. >>> in a conference call, he won because he gave big gifts to target ed voters but some believe he won because of the big gift he got from republicans. [ male announcer ] what are happy kids made of? bikes and balloons, and noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. a wand, some wings, soup with good things. sidewalks and doodles and wholesome noodles. puddles and pails and yes, puppy do
. >>> coming up, speaker boehner has a great new idea. a new way to make compromise in this tax fight. he's tapping paul ryan to take a big new role. it makes perfect sense. >>> also, your john mccain hypocrisy alert is coming. he wants an apology from susan rice. is he kidding? we're still waiting on yours. >>> plus, here comes their worst night mare. we'll tell you what senate republicans are secretly saying behind closed doors about elizabeth warren coming to...
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and that's actually very important for speaker boehner because despite the loss that paul ryan had on a national level, he still has a considerable amount of clout within the house republican conference where a lot of folks will look towards where ryan goes. if ryan votes yes, that gives them enough cover to vote yes on a deal. >> the republican house conference seems to be operating in an alternative universe because mr. ryan told abc that the president didn't have a mandate. rather, he and his house gap gop have one. he said i think the ideas we talked about, i think they're popular ideas. did the election not happen? >> when they say they're popular ideas, they believe that -- >> that the electorate dismissed them and did not vote for them. >> but they believe that the issue of the debt is still one that they're very strong on, that people do not like to have the $16 trillion debt, that their policies are the best moving forward. but, look, martin, if anything else what you are seeing here is a very smart political ploy by speaker boehner trying not to allow what happened in august
and that's actually very important for speaker boehner because despite the loss that paul ryan had on a national level, he still has a considerable amount of clout within the house republican conference where a lot of folks will look towards where ryan goes. if ryan votes yes, that gives them enough cover to vote yes on a deal. >> the republican house conference seems to be operating in an alternative universe because mr. ryan told abc that the president didn't have a mandate. rather, he...
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if speaker boehner can deliver 25, 30 votes, we'd supply the rest of them. there's an easy and quick answer to that. the rest of it, the amt, the farm bill, there are many tax issues besides just the income tax rate we have to resolve, too. i worry about the estate tax done and other ones done if we can, and then push the other matters to next year. >> thank you so much for your time. we greatly appreciate it. talk with you soon, hopefully. thank you. >> thank you. >> the first read team reports there's a sense in the white house they need a cease-fire negotiation in the middle east asap. it could come down to a test of the new egyptian government. nbc's deputy political editor mark murray will join us live. plus, new jersey governor chris christie, you might say he stole the show on "snl." >> you have been wearing that fleece a lot. >> yaeshgs it's basically fused to my skin at this point. >> we'll have more. it's one of the things we thought you should know. >>> welcome back. president obama now on the last leg of his unprecedented trip to southeast asia.
if speaker boehner can deliver 25, 30 votes, we'd supply the rest of them. there's an easy and quick answer to that. the rest of it, the amt, the farm bill, there are many tax issues besides just the income tax rate we have to resolve, too. i worry about the estate tax done and other ones done if we can, and then push the other matters to next year. >> thank you so much for your time. we greatly appreciate it. talk with you soon, hopefully. thank you. >> thank you. >> the...
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i read between the lines and you see speaker boehner clearly wants a deal and, perhaps, has more leverage now with the house republican caucus, but once you get down to the actual negotiations, there are some very tough issues here, a reason this has not been resolved in previous summits. >> that's right but i am optimistic there was a clear mandate, the mandate was for solving our problems. i'm encouraged at no labels.org, an organization that has about 600,000 people, is putting together a group of 40 members of congress evenly split between democrats and republicans who are agreeing to come together as a problem solver's caucus, that the leadership can go to and cut deals on these important problems like the fiscal cliff, education. we have members of congress that recognize that people want them to be problem solvers and work across the aisle. we'll be announcing these 40 members in short order and that represents the kind of mood we're seeing in the shift in congress. >> let me ask you both about mitt romney's post-election comments last wednesday, be in a telephone conference call w
i read between the lines and you see speaker boehner clearly wants a deal and, perhaps, has more leverage now with the house republican caucus, but once you get down to the actual negotiations, there are some very tough issues here, a reason this has not been resolved in previous summits. >> that's right but i am optimistic there was a clear mandate, the mandate was for solving our problems. i'm encouraged at no labels.org, an organization that has about 600,000 people, is putting...
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mcconnell came out after the talks last week, and took the microphone with pelosi and with reid and boehner at the side saying that revenue is on the table, but when the talks ramp back up after thanksgiving, is this an issue to be real negotiation or dig-in time? >> i hope it is time for a negotiation. look, if there is one thing that we learned from the president's campaign, he promised to raise taxes on the wealthy. and here is a news flash to the republicans out there, elections have consequences, and that is what he wants to do, and i'm sure he is going to accomplish some of that, but on either side when you dig in before the negotiations start, not only does it look bad, it makes the markets go up and down, and it creates instability, and insecurity among the people out here in the country feeling the pain and the brunt of some of the economic policies and the fact of the matter is that both sides need to come into it with some level of give and take, and that is how you govern and get it done, and if the president is going to ak kccomplish the polis that he did in first term that he
mcconnell came out after the talks last week, and took the microphone with pelosi and with reid and boehner at the side saying that revenue is on the table, but when the talks ramp back up after thanksgiving, is this an issue to be real negotiation or dig-in time? >> i hope it is time for a negotiation. look, if there is one thing that we learned from the president's campaign, he promised to raise taxes on the wealthy. and here is a news flash to the republicans out there, elections have...
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john boehner was just down there at the white house on friday, it's the beginning. we want to show him if he wants to gain revenues we are more than willing to talk about closing and limiting loopholes. bill: which loophole would you close? >> we'll sit down and lay them all on the table. there are a lot of ways you can go through. we have to have reforms. what you need to do too, the structural change. you have to have structural change otherwise you're going to continue to this trillion dollar deficits sthao based on your experience in working with president obama is he willing to go for significant tax reform, change the whole problem? that would be historical. >> we will not get out of this mess without growing this economy, and the only way to do that is to have structural reform and tax reform. this isn't something that republicans have sat back on. we have passed legislation already that sets up the framework to have tax ry reform. we've passed it to take away the sequestration that he says in the debate will not happen. bee have already passed that in the ho
john boehner was just down there at the white house on friday, it's the beginning. we want to show him if he wants to gain revenues we are more than willing to talk about closing and limiting loopholes. bill: which loophole would you close? >> we'll sit down and lay them all on the table. there are a lot of ways you can go through. we have to have reforms. what you need to do too, the structural change. you have to have structural change otherwise you're going to continue to this trillion...
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you see what nancy pelosi said, what john boehner has been saying. then you go back to the president's press conference taking a pretty tough decisive tone on susan rice and then you look at what's happening and also his position on the tax increases. take all of that together, it looks like more of the same. do you sense and from your reporting are we just having people circle each other or are their feet in stone? >> i think there's still some areas where people can get to the right place. the two things i keep thinking about is the business community, i think, what steve says is exactly right. it seems like from the outside, what they want more than anything is certainty. it's not just moment to moment. it's minute to minute. it's crisis to crisis. and that is an atmosphere that's not conclusive towards optimal economic activity. this notion of trying to get to long-term stability but not having short-term austerity measures would be too depressed on consumer activity seems like where we need to end up and a lot of pressure from republicans to the
you see what nancy pelosi said, what john boehner has been saying. then you go back to the president's press conference taking a pretty tough decisive tone on susan rice and then you look at what's happening and also his position on the tax increases. take all of that together, it looks like more of the same. do you sense and from your reporting are we just having people circle each other or are their feet in stone? >> i think there's still some areas where people can get to the right...
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. >> president obama and speaker boehner sounding upbeat friday about prospects for cutting a deal to avoid the fiscal cliff. we are back with the panel. after the congressional leaders and the president met at the white house on friday the rhetoric was reassuring. the question is is it real? do you get the sense, bob, that really do see or are beginning to see a path to a compromise are they they just trying to calm nervous investors because the stock market is going down a thousand points? >> everyone is nervous about this. this is kind of the last chance. the next six weeks could be six weeks that shook the united states if they don't fix this. there clearly is a new mood, but the way they are going to solve this is kind of hostage exchange. in other words, the republicans are determined not to let tax rates go up. the president is determined or is determined to get more revenue. and it's possible to do this. the president is going along, it seems, with some idea of entitlement reform that we are going to actually cut spending. but this is, you know, they are going to have to -- th
. >> president obama and speaker boehner sounding upbeat friday about prospects for cutting a deal to avoid the fiscal cliff. we are back with the panel. after the congressional leaders and the president met at the white house on friday the rhetoric was reassuring. the question is is it real? do you get the sense, bob, that really do see or are beginning to see a path to a compromise are they they just trying to calm nervous investors because the stock market is going down a thousand...
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president obama and speaker boehner were unable to reach a debt deal in 2001. one of the by-products of the inaction was a downgrade of the country's credit rating. could this happen again? and what would it mean for the nation's financial standing across the globe? joining me is jared bernstein, senior fellow at the center for budget policies and priorities. good to see you again, when it comes to the credit rating, we've seen it happen before. all three credit rating agencies are saying you've got to put a deal together in washington, if you guys in washington don't get it done, we're going to downgrade your credit. >> we've seen this movie before. it's not a good movie. i will remind viewers that the last time standard and poors did take us down a notch, it actually didn't hurt our ability to finance our debt at all. so that was kind of blown off by the markets, but this time could be different. there's one interesting wrinkle here. i do believe that if the political discourse, which is actually sounding a little better lately breaks down, everything is dysf
president obama and speaker boehner were unable to reach a debt deal in 2001. one of the by-products of the inaction was a downgrade of the country's credit rating. could this happen again? and what would it mean for the nation's financial standing across the globe? joining me is jared bernstein, senior fellow at the center for budget policies and priorities. good to see you again, when it comes to the credit rating, we've seen it happen before. all three credit rating agencies are saying...
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after the election, boehner said okay, have some revenue. the president has moved the goalpostsment and said it isn't just revenue. it those be a specific kind. my liberal base -- >> chris: wait. he did mention this once or twice in the campaign. >> but the question is are you going to stick on what you campaign on or find a compromise in the end? if you are looking for votes in congress -- boehner may be able to get enough to go along and do a deal to get revenue from closing the deductions and loopholes. he is not going to get the people to go along raising rates. there is the rhetoric the president engaged in on the campaign and then there is reality of washington. he is going to have to compromise on that to some degree if he wants a deal. >> chris: so does he have to compromise or do republicans compromise? >> first, i don't understand where the republicans think they have leverage here. you have seen that in tent whichs not just by boehner but people elsewhere. re-knew saying okay, we are going to let there be more revenue. but the pre
after the election, boehner said okay, have some revenue. the president has moved the goalpostsment and said it isn't just revenue. it those be a specific kind. my liberal base -- >> chris: wait. he did mention this once or twice in the campaign. >> but the question is are you going to stick on what you campaign on or find a compromise in the end? if you are looking for votes in congress -- boehner may be able to get enough to go along and do a deal to get revenue from closing the...
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speaker boehner is right, the congress will no longer talk about repealing the law. i think if congress we will see pb cans raising portions of the law they think are controversial or may be able to attract democratic votes and peel back smaller pieces of the health reform law. >> what's your best guess that the the states will adhere to the deadline. mid december ito make their attentions known. >> i think it is important to note the health reform law, people have to select plans beginning in ok of next year and the plans go live in the year following. there's not a lot of time between now and then. states want to run their state exchanges we will know by december which ones are ready and which aren't. >>> ahead, getting to the truth about ben benz. a house member who grilled general petraeus on captiol hill joins us in just a moment. yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. ♪ [ male announcer ] this is karen and jeremiah. they don't know
speaker boehner is right, the congress will no longer talk about repealing the law. i think if congress we will see pb cans raising portions of the law they think are controversial or may be able to attract democratic votes and peel back smaller pieces of the health reform law. >> what's your best guess that the the states will adhere to the deadline. mid december ito make their attentions known. >> i think it is important to note the health reform law, people have to select plans...
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Nov 18, 2012
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i want to start out by playing two bits of sound from both speaker boehner and president obama on staking out what they would like to see in a deal to get rid of this fiscal cliff. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford. >> gosh, that doesn't sound like you all are anywhere closer to a deal now than you were prior to the election. congressman price, where is there room for compromise here? >> there is certainly room for negotiation on a real solution, and a real solution includes both revenue increases and spending reductions. the reason we have concern about what the president is talking about and what my friends on the other side of the aisle have talked about is that it doesn't solve the problem. if we take the president's deal, that he has brought to the table, do you know how many days that pays for the federal government? eight days. not months. eight days. we neat to look at increasing revenue through pro-growth policies. as wel
i want to start out by playing two bits of sound from both speaker boehner and president obama on staking out what they would like to see in a deal to get rid of this fiscal cliff. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford. >> gosh, that doesn't sound like you all are anywhere closer to a deal now than you were prior to the...
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. >> did anything that speaker boehner said make you optimistic? was it just that urgency that you're talking about? >> well, it's the urgency, but i think the spirit at the table was one of everybody wants to make the best effort to get this done. hopefully that is possible. hopefully it is possible by the middle of december so the confidence of the markets and, most importantly, the confidence of the consumers returns to infuse our economy with demand, which creates jobs. >> you said afterwards there would be these milestones of success. how will that work? what are the goals? are there interim goals? >> well, my suggestion was that we at some point, not necessarily today, decide on what our goal is in terms of the amount of deficit reduction that we can achieve, some date by which we'd like to do it, the middle of december so this doesn't take us up to christmas, some milestones along the way so progress can be demonstrated we're moving in a forward direction. >> i spoke to senator michael bennet of colorado earlier this week. he said this reall
. >> did anything that speaker boehner said make you optimistic? was it just that urgency that you're talking about? >> well, it's the urgency, but i think the spirit at the table was one of everybody wants to make the best effort to get this done. hopefully that is possible. hopefully it is possible by the middle of december so the confidence of the markets and, most importantly, the confidence of the consumers returns to infuse our economy with demand, which creates jobs. >>...
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Nov 18, 2012
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that's what speaker john boehner talked about, constructive, but there's also a lot of urgency. now, nancy pelosi, we have a lot more of this interview, a fascinating interview, told me she thought they could work out this deal in mid-december. i asked her, of course, look, we've heard optimism before and this went nowhere. but there is that urgency now. americans are sick of this. this is the second time around. >> and so overnight we saw -- we saw this video of david petraeus' alleged mistress, paula broadwell, his biographer walking with her husband. it's the first time we've seen the two of them since this scandal broke. so let me ask you about the petraeus affair, which i know you've been following so closely. where does this go now? what in your view is likely to be the next shoe to drop? >> well, i think what we've learned this week is this is not over. i think a week ago when we heard david petraeus say he was resigning because he had an extramarital affair, we thought it might go away. but every day it seems like there's something new. they're now looking through those
that's what speaker john boehner talked about, constructive, but there's also a lot of urgency. now, nancy pelosi, we have a lot more of this interview, a fascinating interview, told me she thought they could work out this deal in mid-december. i asked her, of course, look, we've heard optimism before and this went nowhere. but there is that urgency now. americans are sick of this. this is the second time around. >> and so overnight we saw -- we saw this video of david petraeus' alleged...
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Nov 17, 2012
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there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those are the demands from the republican side. >> heather: what about spending cuts in terms of democrats? >> there is another hard issue. democrats are going to try to hold as much on spending cuts, but they know that the cuts have to be part of the deal. you can't get republicans along were anything unless there is something on that side. how far are democrats willing to go? on spending cuts and overhauling entitlement reform which is the main driver of the nation's debt. you may see a deal where there is tax increase if democrats are willing to go much further on entitlement reform and spending cut
there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those...
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Nov 17, 2012
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boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new willingness to accept a more balanced approach? >> i'm very much encouraged by it. that is what made it impossible for us to even have discussions at all up until the election results came in. as you know, president obama ran on a very explicit platform of restoring the clinton area tax rates for folks above $250,000. romney explicitly ran against that. exit polls showed half the folks who voted for romney in fact supported the obama position on taxes. the other thing that's important to keep in mind, we -- our congress actually has made a trillion and a half dollars
boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new...
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so boehner's going to ask for cuts to go along with debt ceiling increases as well. so this is a multi-headed beast if you will, an hydra that's waiting to be solved. it they don't have a lot of time. i think we're down to 12 or 13 legislative days before the end of the year. so there you go. let's -- a grand bargain in that short of time probably isn't going to take place. i think we can expect them to punt on pretty much all these things. >> can i ask you guys quickly about the testimony of former cia director general david petraeus as he appeared this week, yesterday. with regard to the testimony he talked about the benghazi attack. the answers he gave did not seem so sit well with the gop. but each side spinning exactly what he said to suit their interpretations. should the gop, though, lay to rest all of their complaints at this point? reid, you first. >> i don't think they're going to lay anything to rest. >> but should they based on what he said? this is the guy who was in charge. >> and i think that there are probably more things that peter king and the repub
so boehner's going to ask for cuts to go along with debt ceiling increases as well. so this is a multi-headed beast if you will, an hydra that's waiting to be solved. it they don't have a lot of time. i think we're down to 12 or 13 legislative days before the end of the year. so there you go. let's -- a grand bargain in that short of time probably isn't going to take place. i think we can expect them to punt on pretty much all these things. >> can i ask you guys quickly about the...
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if you just take what speaker boehner said yesterday, grover's in trouble. he said i'm putting revenue on the table. no one has been able to say that definitively and get away with it and move forward with actually putting revenue on the table in the form of tax spending. just in louisiana, we spend $3 billion in tax spending alone. you know, there's an obsession from my governor's perspective with spending just on the tax side and corporate welfare. >> speaking of your governor, he's also my governor. as soon as we come back, i have got a letter to my governor. you all know you love my dears. mine is to dear bobby jindal when we come back. ah. fire bad! just have to fire roast these tomatoes. this is going to give you a head start on your dinner. that seems easier [ female announcer ] new progresso recipe starters. five delicious cooking sauces you combine with fresh ingredients to make amazing home-cooked meals. to make amazing sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can t
if you just take what speaker boehner said yesterday, grover's in trouble. he said i'm putting revenue on the table. no one has been able to say that definitively and get away with it and move forward with actually putting revenue on the table in the form of tax spending. just in louisiana, we spend $3 billion in tax spending alone. you know, there's an obsession from my governor's perspective with spending just on the tax side and corporate welfare. >> speaking of your governor, he's...
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Nov 17, 2012
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you saw john boehner out there saying we are hopeful we can get a deal done. and the market had a positive reaction to that. yet it lost that upside throughout the day, teetered back and forth between positive and negative territory. finally, closing the day out positive, so perhaps that suggests that maybe we are a little bit closer. but here's the thing, randi, they've got to get something done. they've got to solve this issue. because if not, the consequences are severe. >> but you listen to some people, and they suggest that fears of fallen off the cliff are overblown. what are the real consequences here? >> the real consequences are another recession. i mean, i can tell you every ceo that i'm talking to right now says i'm not making major decisions. i'm waiting. i'm standing by the sidelines. i can't hire a lot of people, i can't invest in a lot of infrastructure because i don't know what the landscape is going to be in the next 45 days. i don't know what the landscape is going to be in the next three months. so there's a lot of holdup. now, eventually, o
you saw john boehner out there saying we are hopeful we can get a deal done. and the market had a positive reaction to that. yet it lost that upside throughout the day, teetered back and forth between positive and negative territory. finally, closing the day out positive, so perhaps that suggests that maybe we are a little bit closer. but here's the thing, randi, they've got to get something done. they've got to solve this issue. because if not, the consequences are severe. >> but you...
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one of the issues with the fiscal cliff is what kind of legacy would john boehner or the president leave behind when they leave office if they can't get a deal done and what about a second term compromising and going your own route. >> terrific point. the big things that have happened in our country's history, the big pieces of legislation have either come when we've had enormous majorities of one party or the other, the great society, president johnson and a huge land side, lying majorities in congress, or with a compromise. what we've not had historically is closely fought vague important things happen. big reform. this case the president has the senate but he also has a republican house. and so i think and i'll look at this from thomas jefferson, you look at it with ronald reagan it goes all the way through, presidents who manage to give as well as to take particularly in a second term do the best. >> john your said in your article that the president should be careful about the conventional wisdom for second terms for presidents. what did you mean? >> i don't think he should climb und
one of the issues with the fiscal cliff is what kind of legacy would john boehner or the president leave behind when they leave office if they can't get a deal done and what about a second term compromising and going your own route. >> terrific point. the big things that have happened in our country's history, the big pieces of legislation have either come when we've had enormous majorities of one party or the other, the great society, president johnson and a huge land side, lying...
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Nov 17, 2012
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john boehner said it is now the law of the land. good to see you. biggest colonel to me, my family and to people out there watching. will my quality of care care change? >> first of all, you may lose the plan you get on your job. and you may lose full-time job status as a result. this law says that employers. >> is this all of it. >> this is all of it. >> we like our guests to bring us cake not 2,000 pages of healthcare legislation. >> unfortunately this is what you have got. this law says that employers with 50 or more full-time workers have to provide health insurance. not just any health insurance but the one size fits all government designed plan. that cost almost twice as much as what many employers currently provide. so, as a result. employers in many cases are going to drop the coverage and may even move their full-time employees into part time status to avoid the penalty. >> we have already seen companies doing that. >> that's right. and the government actually predicts that under this employer mandate, fewer people will get on the job insur
john boehner said it is now the law of the land. good to see you. biggest colonel to me, my family and to people out there watching. will my quality of care care change? >> first of all, you may lose the plan you get on your job. and you may lose full-time job status as a result. this law says that employers. >> is this all of it. >> this is all of it. >> we like our guests to bring us cake not 2,000 pages of healthcare legislation. >> unfortunately this is what...
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after boehner's vague comments, there are new concerns that the speaker may give up way too much and agree to tax increases. i'm here to lay out exactly what he has on the table. congressman, good to see you. >> good to be with you, sean. >> sean: i am concerned because -- >> i am -- you and me both? >> i am concerned about caving. you have outgoing virginia governor mcdonald, and former governor haley barbour and others saying, maybe we can give in on these things. did any house republican get elected and say to their constit webts they would raise taxes? if they did, i didn't hear it. >> i don't know a single one. sean, this is not the time to be defensive. and of course, there are plenty of people who say i am very offensive. but this is a time to go on offense, with our big ideas. and use the president's own words. he says everybody ought to pay their fair share, keeping him at his word. he says, warren buffett ought to not pay a lesser percentage than his secretary. what the president proposes will increase taxes on those who are paying a different way for warren buffett. it won
after boehner's vague comments, there are new concerns that the speaker may give up way too much and agree to tax increases. i'm here to lay out exactly what he has on the table. congressman, good to see you. >> good to be with you, sean. >> sean: i am concerned because -- >> i am -- you and me both? >> i am concerned about caving. you have outgoing virginia governor mcdonald, and former governor haley barbour and others saying, maybe we can give in on these things. did...